AIVN Closes on 40 Acre Mill Site in Beatty, Nevada

BEATTY, NV--(Marketwire - May 3, 2012) - American International Ventures, Inc. (OTCBB: AIVN) (OTCQB: AIVN) proudly announces it has closed escrow on the 40 acre patented mill site previously owned by the Turner Ranch LLC in Beatty, NV. AIVN has filed its own LLC with the State of Nevada called the "Beatty Bullfrog Mining Co" who will occupy the address in Beatty, Nevada, where AIVN will build its shop and gold mill. The amenities that came with the property are a city paved road to the site with city water, power and sewer connections. AIVN paid $310,000 in cash and stock with a three year mortgage carried by the Seller.

Ret. Major Jerry D. Scott, USAF, President of Placer Gold Prospecting, Inc. and Chief Operating Officer of AIVN, stated: "The Lord knows we looked all over town to find just the right spot with no luck, when John Lupac, an AIVN shareholder, introduced me to Stuart Turner and we knew we found the right place for the Beatty Bullfrog Mining Co." AIVN owes a debt of gratitude to these two fine gentlemen and shareholders of our company. Notwithstanding, with John's further assistance we will connect the mill site to the mine through the old BLM railroad roadway. Jerry left the Chicago Title office elated.

Mr. Jerry D. Scott
Jerry Scott attended 3 years of college at the University of Omaha & Mankato State Teachers college. Mr. Scott then entered the Air Force in 1958 and attained officer status by completing the cadet program. Mr. Scott flew on a Strategic Air Command crew as a Radar Navigator for 5 years in B-47s and 8 years in B-52s, which instilled in Jerry the need to be surrounded by and committed to professional and responsible individuals, all dedicated to accomplishing a common goal. Major Scott reluctantly retired as a regular Major after a tour in Vietnam with a medical disability and henceforth, entered the construction industry in 1973 and that has continued right up until today.

Mr. Scott is planning, permitting and developing the set-up and infrastructure, such as mining camps, heavy equipment service and dispatch, pilot plant operations and all the necessary mining facilities in order to operate Placer Gold Prospecting projects for extraction of gold and silver ore at its Nevada mining sites.

Mr. Scott is the President of Gold Construction, Inc., the Nevada Construction company set by Mr. Scott and his son to develop the Placer Gold Prospecting home base mining facilities in Beatty, Nevada. Mr. Scott also is Chief Operating Officer of American International Venture, Inc.

About American International Ventures, Inc.
American International Ventures, Inc. (AIVN) focus is gold and silver exploration and ore extraction, operating in Nevada through Placer Gold Prospecting, Inc., its wholly owned subsidiary. The Company focuses on gold and base mineral resource properties that have historically produced gold and silver until 1942 when all gold production in the United States was halted due to World War II. AIVN currently owns 11 mines in Nevada.

Cautionary Note Regarding Forward-Looking Statements and Information concerning mineral resources. This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated content, commencement and cost of mining programs, anticipated exploration and metallurgical test program results, the discovery and delineation of mineral deposits/resources/reserves, the potential for any mining or production at Golden Eagle Mineral are to be considered forward-looking statements. Except as required by the Federal Securities law, AIVN does not undertake any obligation to revise or update any forward-looking statements contained herein after the date hereof.